Summary
This proposal seeks approval for adjusting Astroport’s base liquidity pools to better align with ecosystem incentives and liquidity opportunities. Specifically, this proposal suggests pairing ASTRO with LUNA on Terra to take advantage of the Terra Liquidity Alliance.
Abstract
To further enhance Astroport’s liquidity efficiency, this proposal outlines updates to ASTRO’s base pool on Terra. While it is preferred to maintain ASTRO’s pairing with USDC as the standard for most networks, the proposal recognises the unique value of pairing with OSMO on Osmosis and LUNA on Terra. Specifically, the proposed changes aim to enable Astroport liquidity providers on Terra to benefit from incentives offered through the Terra Liquidity Alliance.
Proposal Details
Terra: Transition to ASTRO - LUNA Pairing
Currently the ASTRO - USDC pool on Terra receives default incentives via vxASTRO to ensure liquidity for ASTRO buybacks. This proposal will shift those incentives to the ASTRO - LUNA pool instead.
Executable Message
{
"custom":{
"update_outpost":{
"prefix":"terra",
"astro_denom":"ibc/8D8A7F7253615E5F76CB6252A1E1BD921D5EDB7BBAAF8913FB1C77FF125D9995",
"outpost_params":{
"emissions_controller":"terra1kk32l44lhr2z6mvwxdz6s7m76yu003x9q0ta7xrx7nwckse8wusqvqkwkg",
"voting_channel":"channel-5373",
"ics20_channel":"channel-25"
},
"astro_pool_config":{
"astro_pool":"terra1nwepezm3mghyxm7fjfhfr2d4jwqzndtncf9tclgunqfcwhe52mpq4sxaqr",
"constant_emissions":"6344170000"
}
}
}
}
Conclusion
The proposed adjustments to ASTRO’s base liquidity pool on Terra represent a targeted strategy to enhance ecosystem alignment and optimise liquidity. By maintaining ASTRO - USDC pools as the standard, retaining the ASTRO - OSMO pairing on Osmosis, and transitioning to ASTRO - LUNA on Terra, Astroport continues to adapt across its supported networks. This proposal seeks the community’s support to implement these changes and capitalise on the opportunity they present.
Copyright
Copyright and related rights waived via CC0.